Duplex With Rear
New
For Sale
$325,000
811 S Tyler Street, Dallas, TX 75208
The rear unit has a month-to-month tenant, providing flexibility in occupancy.
Property Size1,944 SF
Days on Market5
Property Features for 811 S Tyler Street
General Information
Standard status
Active
Size
1,944 SF
Property subtype
Duplex
Taxes and HOA fees
Annual Taxes
$6,917
Building Details
Building Size
1,944 SF
Year Built
1926
Listing Agency:
Realty of America, LLC
Listed By:
Rocio Contreras · License #0774913
(512) 788-9495
Source:
Nilesrealtygroup
Added: Oct 14
Changed: Oct 16
Last Checked: Oct 16 at 2:24PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty of America, LLC
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Investment Insights
Based on property information with market context.
Built in 1926, this Dallas property is recognized by the city as a duplex and includes a separate rear studio. The layout can also function as a single-family residence with distinct rear space. The rear unit is occupied on a month-to-month basis, and the property is being sold as-is.
Located near Oak Cliff and the Bishop Arts District, the property has access to nearby shopping, dining, and entertainment. The address is 811 S Tyler Street.
Located near Oak Cliff and the Bishop Arts District, the property has access to nearby shopping, dining, and entertainment. The address is 811 S Tyler Street.
Key Highlights
- City‑recognized duplex with a separate rear studio
- Rear unit currently occupied on a month‑to‑month basis
- Built in 1926
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,560
Cap Rate
9.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$591,200
$591.2K
Cap Rate 7%
$422,286
$422.3K
Cap Rate 9%
$328,444
$328.4K
Market Conditions
NOI Build-Up for 1,944 SF
Gross rent
$60.2K $30.96/SF
− Vacancy
−$6.4K −$3.31/SF
EGI
$53.7K $27.65/SF
− OpEx
−$24.2K −$12.44/SF
NOI
$29.6K $15.21/SF
Area
Dallas, TX
Vacancy
10.70%
Lease Rate
$30.96 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$591,200
Cap Rate 7%
$422,286
Cap Rate 9%
$328,444
Alternative Uses
Best Use
Multifamily LT 5
$488.3K
$427.3K – $569.7K
NOI $34,182 @ 7.0% cap · market cap 10.52%
Second Best
Apartment 5plus
$422.3K
$369.5K – $492.7K
NOI $29,560 @ 7.0% cap · market cap 9.10%
Theoretical Best
Office A
$2.33M
$2.04M – $2.72M
NOI $163,285 @ 7.0% cap · market cap 50.24%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,492
Businesses Nearby
Explore this area
Business Placement
Demographics for 75208, TX
29,446
Population
13,655
Households
2.2
Avg Household Size
36
Median Age
41%
College-Educated
76%
High-School Grad
6.1 sq mi
ZIP Area
4,827
Density / Sq Mi
$76,502
Median Household Income
$48,460
Median Earnings
$1,589
Median Rent
$415,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - The rear unit has a month-to-month tenant, providing flexibility in occupancy.
Where is this duplex located?
The property is located at 811 S Tyler Street Dallas, TX.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: City‑recognized duplex with a separate rear studio; Rear unit currently occupied on a month‑to‑month basis; Built in 1926
